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Cherepovets pipe-rolling plant Reorganization of production with funds attracted through ICO.

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Press Release

Cherepovets pipe-rolling plant Reorganization of production with funds attracted through ICO. Unique project of the enterprise from real sector of economy in crypto-currency.

Modernization of available and creation of new production in two most promising lines consisting of several stages and development vectors is carried out in the territory of production facilities of LLC "ChPRP" In the city of Cherepovets, Vologda Region.

Cherepovets pipe-rolling plant is going to attract investments by issue and sale of tokens with the help of the process called ICO (Initial coin offering). The token is called ZavodCoin (ZVD). Tokens will be offered WAVES platform.

ZavodCoin can be purchased with Bitcoin, Ethereum and bank payment in euro or dollars. Initial cost of 1 ZVD token makes 1$. ICO will start on September, 29th, 2017 at 10:00 Moscow time (UTC). Final quantity of tokens will be defined upon completion of the campaign, depending on amount of attracted means.

Roadmap of plant's development, fundraising schedule and plans on modernization are presented at ICO website. You are welcome to visit plant's website, to learn about plant's history, products, and implemented projects.

About the plant

Cherepovets is the largest industrial city of Vologda region, enjoying favourable economic and geographical location and well-developed, extensive transport infrastructure, which is the key factor of economic development.